AudioCodes, despite a lower ROE, has shown positive business aspects including decent earnings growth backed by high reinvestment. However, earnings growth could have been higher with improved ROE. Analysts expect the company's earnings to gain momentum.

AudioCodes has seen commendable earnings growth due to efficient reinvestment of its profits, despite a moderate ROE relative to the industry. However, the low ROE suggests investors may not fully benefit from the reinvestment. EPS growth for the company is forecasted to accelerate, per industry analysts.